I am new to this. I found a property that I would like to contact the out of state owner and submit an offer. My question is, what is a yellow letter? Any guidance would be greatly appreciated. Thanks in advance. Kenn...
is there an easy calculation on how to figure out the tax savings or implications when selling the property??Let's say you're paying cash $100,000 for a property. Each year you're going to write off your expenses, pro...
I was wondering, can I use my cell phone bill and gas account as a write off?
I drove 90 miles to see a property we are interested in for investment purposes. We already own 2 investment homes and are under contract for a quadplex. What documentation is needed to use this trip as a tax write o...
Good day BPers,I've currently got a property that's been vacant for much longer than expected. I maintain utilities on this property and I'm curious if this is an expense, along with my PM fees, that I can write off ...
I am looking at a house in pre-foreclosure and the offer must be accepted by the bank. I am not working with an agent right now but I have a few agent friends if I need to get them involved and the house is listed wi...
Hi All, I’ve been searching for advice on this but can’t turn up much. My question is can I write off a portion of my umbrella insurance policy? For example: Say I own 2 rentals valued at $250k each, a car valued at $...
Below is an article about writing a "killer" direct mail postcard:
articlealley dot com/article_7333_33.html
Can anyone offer advice?
If your just starting to invest in Real Estate and you plan to send out numerous written offers on potential properties . Is it best to find an agent or do it yourself. I’m concerned if I’m writing on numerous propert...
Well this week i wrote on two homes, both investor owned and in dire need of repairs. How do you guys deal with the owners when you offer to buy them?
So far they have all been 70+yrs old and the homes are either in...